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ES 12-12-08

GM Traders

Daily PP: 82.75
POC: 97.75

Currently in bearish pattern, if it plays out should send us back to low 30's
we also have to be mindful of a big abc to upside here...58 L - 80 H - 63.25 L
The chart shows yesterday's afternoon and today with no overnight data.
we need a good retrace here
Out too early

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62.75 was 78.6% to the tick, now hopefully we can get back to somewhere around 70-74
come on down baby
SHORT 2 FROM 867.50
where you short from palmer?
l @ 67.25
Originally posted by JackS65

S&P just hit MOB NAS very close. These tools are unbelievable. Each night I pick one of the tools provided with AdvGet & practice.

its not the tools my friend but the fib numbers they project and the ratios they derive...geometric relationships and how they exhibit harmonic relationships between price and time...mindblowing stuff thats for sure